If you look beyond the condescending, sanctimonious and unintelligent questioning and pantomime from CBS News Margaret Brennan, there are some very interesting aspects outlined by German Chancellor Olaf Scholz. [Transcript Here] I was looking for how CBS would inject the pending global food shortage into the interview, and what narrative angle they would use. The coordinated media political talking point, ‘Russia starving the world‘, comes up in the last third of the interview.
Germany is the largest and most heavily industrialized economy in the European Union (EU). As a result, Germany makes most of the decisions about how the EU operates. Former German Chancellor Angela Merkel always played the role of supporting NATO; however, her approach to government was one of the most closed, controlling and nationalist hypocrisies within the European Union. If it was in Germany’s interest it was done. If it was not directly beneficial to Germany, it was never done.
Merkel’s replacement, Olaf Scholz, is not that different from his predecessor in regard to the economics of nationalism, the predominant view for any German leader. However, Scholz is more of a collaborator, an outward looking Chancellor; seemingly more globally and communally minded than Merkel. Scholz is more accepting of Biden (USA) influence than Angela Merkel was. Scholz is also spending more on German military than Merkel would ever consider.
In this interview, Scholz outlines the conflict in Ukraine while overlaying his perspective of Russian President Vladimir Putin as an outcome of their discussions. WATCH:
[Transcript] – MARGARET BRENNAN: Mr. Chancellor, thank you so much for making time in your busy schedule for us.
OLAF SCHOLZ: Good morning.
MARGARET BRENNAN: So I read your biographer says you don’t often answer directly, but I’m going to try my best today. You speak with Vladimir Putin. Do you think that Russia is a terrorist state as president Zelenskyy says?


Keep in mind, when writing the majority decision Justice Clarence Thomas concluded there was no historical requirement that law-abiding citizens show the kind of special need for self-defense required by the New York law to carry a gun in public. Indeed, as Thomas wrote, there is “no other constitutional right that an individual may exercise only after demonstrating to government officers some special need.”
In a very weird economic scenario, the Biden administration actually benefits from a port stoppage as imports are a deduction to GDP and the U.S. economy is presumably on the “zero” growth bubble. If the Bureau of Economic Analysis (BEA) calculates a negative GDP in the second quarter (not likely for political reasons), the Biden administration would officially be responsible for a recession. [Any delay in import quantification helps shape the economic statistics; however, Q2 ended yesterday.]
Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).
The demand side argument/justification for inflation was always false. However, it was/is still the claim made by members of the Biden administration and almost every board member of the federal reserve.